Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$144,446$144,446$247,410
Remaining term (yrs)23.523.530.0
Secondary amount$0$102,964$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.840%7.640%
1st payment$744.89$744.89$1,713.02
2nd payment$0.00$686.42$0.00
Taxes / mo$383.01$383.01$383.01
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$49.48
HOA / mo$54.17$54.17$54.17
Total monthly$1,450.31$2,136.73$2,349.68
Cash to close$130,454$27,490$27,490